Rechler Equity project would be first in rezoned Patchogue

Developer aims to clear site and break ground by year end

Tri-State /
Aug.August 30, 2021 04:44 PM
Rechler Equity project would be first in rezoned Patchogue

293 E Main St, Patchogue, NY (Google Maps)

UPDATED Sept. 1, 2021, 3:20 p.m.: Rechler Equity Partners’ Greybarn Patchogue project could be the first major development to kick off in a stretch that Brookhaven rezoned last year, according to Newsday.

Rechler aims to break ground later this year, approvals pending. The Town of Brookhaven approved an “incentive overlay district” to encourage new development on a quarter mile of East Main Street.

Like many “revitalization” developments, the luxury apartments will come at a price: Some local businesses need to go.

The building long home to Sal’s Patchogue Barber Shop and the Mediterranean Manor event space would be demolished to make way for Greybarn Patchogue.

Several other properties would be sold to Rechler for the project. The company plans to donate one building to the Patchogue Arts Council as an arts space.

A Rechler subsidiary submitted its development plan to the town in July. If approved, the firm estimates that development will cost $20 million and take two years to complete.

Rechler Equity Partners is led by cousins Mitchell and Gregg Rechler. According to its website, it has a $1.5 billion development pipeline that includes a 440,000-square-foot business park in Westhampton, a 500-unit mixed-use residential project called Greybarn-Amityville, and a mixed-use residential and hospitality project in Hampton Bays called the Boathouses on the Shinnecock Canal.

Correction: The property that houses Miller’s Mint — a coin, stamp and metals dealer — is no longer included in the project and will not be demolished, according to a spokesperson for the developer.

[Newsday] — Dennis Lynch


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